Price for Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Colombia - 2022

Contents:

  1. Price for Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Colombia (CIF) - 2022
  2. Price for Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Colombia (FOB) - 2022
  3. Imports of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Colombia
  4. Exports of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Colombia

Price for Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Colombia (CIF) - 2022

The average import price for fibres; synthetic filament tow, of nylon or other polyamideses stood at $12,241 per ton in 2022, increasing by 19% against the previous year. In general, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the average import price increased by 58% against the previous year. As a result, import price attained the peak level of $12,767 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($14,076 per ton), while the price for China ($2,472 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Colombia (FOB) - 2022

In 2022, the average export price for fibres; synthetic filament tow, of nylon or other polyamideses amounted to $4,333 per ton, surging by 62% against the previous year. In general, the export price posted a remarkable increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 211% against the previous year. Over the period under review, the average export prices reached the peak figure at $4,400 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Costa Rica ($5,000 per ton), while the average price for exports to Panama amounted to $3,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+17.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Colombia

After three years of growth, overseas purchases of fibres; synthetic filament tow, of nylon or other polyamideses decreased by -68.9% to 12 tons in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 212%.

In value terms, imports of fibres; synthetic filament tow, of nylon or other polyamideses dropped markedly to $141K in 2022. In general, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 189%.

Import of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States46.972.524590.724.6%
Brazil21.512812847.430.2%
Others1.62.07.52.820.5%
Total70.020238014126.3%

Top Suppliers of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides to Colombia in 2022:

  1. United States (8.0 tons)
  2. Brazil (3.4 tons)

Exports of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Colombia

In 2022, exports of fibres; synthetic filament tow, of nylon or other polyamideses from Colombia reduced dramatically to 3 kg, waning by -50% against the year before. In general, exports showed a dramatic decrease. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year. As a result, the exports attained the peak of 6 kg, and then shrank remarkably in the following year.

In value terms, exports of fibres; synthetic filament tow, of nylon or other polyamideses dropped significantly to $13 in 2022. Overall, exports faced a deep setback. The smallest decline of -12% was in 2020.

Export of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Colombia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Costa Rica3.05.02.010.049.4%
Panama1.01.014.03.044.2%
Ecuador2.01.0N/AN/A-50.0%
Nicaragua17.015.0N/AN/A-11.8%
Thailand2.0N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total25.022.016.013.0-19.6%

Top Export Markets for Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides from Colombia in 2022:

  1. Costa Rica (2.0 kg)
  2. Panama (1.0 kg)

Source: IndexBox Market Intelligence Platform

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